Spine Surgeries are basically recommended to the patients suffering from chronic back pain due to disc herniation; isthmic spondylolisthesis; degenerative diseases, such as degenerative spondylolisthesis, and spinal stenosis; and many others. Generally, low back pain is a common symptom reported by 30.0% patients with spine instability, but the source of pain needs to be identified before undergoing any surgery.

By type, this market is segmented into spinal fusion and spinal non-fusion, wherein spinal fusion, which fuses vertebrae together to treat back pain and is commonly done in the lumbar region of the lower back. The spinal fusion segment is divided into cervical fusion, thoraco-lumbar fusion, and others. Spinal non-fusion products, such as dynamic stabilization devices (or motion preservation devices) have become the treatment of choice (especially for young patients), in comparison to the other two segments of the spinal non-fusion segment, namely, interspinous process decompression (IPD) devices and total disc replacement.

Factors driving the demand for Spine Surgery Devices are the increasing incidence of spinal deformities such as disc compression amongst the aging population in the North American region, and the popularity of non-fusion devices such as artificial spinal disc and nucleus has triggered the market. The North America spine surgery devices market is witnessing a high growth due to technological improvements in the treatment of spinal disorders. The increasing demand from the aging population, along with the advancement in medical technology (minimally invasive techniques and biologics), is driving the demand for the spine surgery device market in this region.

The North American Spine Surgery Devices market is estimated to be dominated by new product launches, & Mergers & Acquisitions are the major strategies adopted by most market players to achieve growth in the North American Spine Surgery Devices market. In November 2014, Zimmer Holdings Inc. (U.S.) launched Zimmer launched Virage® OCT Spinal Fixation System. This system is featured with the 360 degree Omnidirectional Extreme-Angle Screw, which allows a 112 degree conical range of motion. This system is designed to minimize the required operating time and to simplify rod alignment. Likewise, in October 2014, Medtronic Plc, one of the leading orthopedic medical technology companies launched the Pure Titanium Coating (PTC) platform of interbody fusion devices. This platform includes CAPSTONE PTC(TM) Spinal System, CLYDESDALE PTC(TM) Spinal System, ANATOMIC PEEK PTC Cervical Fusion System and CORNERSTONE-SR® Ti- Coated Anatomical Cervical Cage. Compression of the nerve roots or spinal cord causes pain, this device will help to reduce this pain by restoring the normal height of discs.

From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends, and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging- and high-growth segments of the North American Spine Surgery Devices market, high-growth regions and countries and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater market share. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on Spine Surgery Devices products offered by the top players in the spine surgery devices market

Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the spine surgery devices market

This report covers the definition, description, and forecast of the North American Spine Surgery devices market. It involves a detailed analysis of the market segmentation, based on product type, end user, and country. The report also provides a strategic analysis of the key players in this market. In terms of countries, the market is segmented into the U.S., Canada, and Mexico. This report also provides critical insights into emerging trends that will fuel product adoption and market growth for plates, screws, rod, wires & pins, fusion nails, and external fixation devices during the forecast period.

Trauma device manufacturers are becoming increasingly focused on developing products suited for specific anatomical locations. Low-profile plating systems, for example, have grown in popularity for extremity fixation procedures, where soft tissue coverage is minimal and thicker systems often cause irritation. Polyaxial plating systems are also penetrating the market because these systems improve screw placement, a particularly important feature when a surgeon is securing small bone fragments near periarticular surfaces. Market growth will also continue to be fueled by surgeon uptake of anatomic plating systems. These devices are designed to fit the unique contours of periarticular surfaces, allowing for improved screw placement around small bone fragments to achieve adequate fracture reduction. As surgeons are primarily focused on attaining the most secure fixation possible, significant market opportunities exist for companies that introduce advanced or specialized spine surgery technologies.

The North American spine surgery devices market is expected to reach $6,756.6 million by 2019, at a CAGR of 7.5% from 2014 to 2019. This is mainly due to the increasing incidence of spinal deformities such as disc compression among the elderly and the popularity of non-fusion devices such as artificial spinal discs and disc nuclei. The increasing demand for spine surgery devices from the aging population, along with advancements in medical technologies (minimally invasive techniques and biologics), is driving the demand for spinal surgery devices in this region.

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North America Orthopedic Devices
The report “North American Orthopedic Devices Market forecast, 2012-2018 “analyzes the market of devices by 8 segments such as Orthopedic Braces & Support Systems, Joint Reconstruction Devices, Trauma Fixation Devices, Arthroscopic Devices, Spine Surgery Devices, Orthobiologics and Orthopedic Accessories. All of these segments experienced a positive growth till 2012 with an increased awareness for procedures and sophisticated diagnostic techniques. Both the markets have been witnessing the maximum growth because of increase in patient pool and procedure numbers of hip and knee osteoarthritis and rheumatoid arthritis.
The report also provides an extensive competitive landscaping of companies operating in this market. The main companies operating in North American Orthopedic Devices market and extensively covered in this report are Stryker, Zimmer, DePuy Synthes, Medtronic, Smith and Nephew, Exactech Inc., Tornier, Biomet Inc., Wright Medical Group and Ottobock.
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